Hey Guys, I am new to trading and constructive criticism would be highly appreciated.
Findings:
- Bullish Penant at 1d LTCchart
- It looks like the correction has stopped at the bullish red support line (being rejected quite harshly twice)
- Stochastic RSI looks oversold and preparing to turn upward
Overall, I have been long since $42.2 and would add more positions as it goes up. In my opinion, this rally should bvreak 48.697 first otherwise there's a chance of a double top and then we may see it drops to the main (blue) trend line.
Findings:
- Bullish Penant at 1d LTCchart
- It looks like the correction has stopped at the bullish red support line (being rejected quite harshly twice)
- Stochastic RSI looks oversold and preparing to turn upward
Overall, I have been long since $42.2 and would add more positions as it goes up. In my opinion, this rally should bvreak 48.697 first otherwise there's a chance of a double top and then we may see it drops to the main (blue) trend line.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.